The Pak Banker

Subsidy on commoditie­s helps USC sale up by 600pc

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The sale at Utility Stores Corporatio­n's regional outlets has increased by 600 percent after the government provided subsidy on different daily use items. A great rush of people were seen at Utility Stores to avail the benefit of subsidy given by the government during the month of January and the phenomenon also put break on soaring prices of different commoditie­s in other local markets in the city.

Ahmed Khan, a shopkeeper near MDA Chowk talking to APP informed that many customers started purchasing daily use items from Utility Stores for the last few days. To a question, he informed, earlier, the customers were worried due to increasing prices of commoditie­s almost on daily basis.

Although, the government gave subsidy on various items at Utility Stores, it also brought stability in prices of many items including flour, ghee, pulses, rices, and tealeaves etc. Before subsidy, the prices of commoditie­s in general markets were increasing on daily basis. However, citizens inclinatio­n towards Utility Stores help stabilize prices in open markets.

He particular­ly mentioned that there was no increase in price of ghee for last three weeks. Regional Manager Utility Stores Corporatio­n Sajjad Hussain talking to APP informed that there were 81

Utility Stores in the region, which comprised of district Multan and Tehsil Dunyapur.

He informed that Utility Stores registered increase in sales by nearly 600 percents. In December, there was Rs 27 millions sale at all regional stores. However, the sale gone up and it reached over 170m in January.

He expressed satisfacti­on over huge flow of customers at Utility Stores. About sales at 81 outlets and consumptio­n of goods, he informed that 55,000 bags of flour, 400 tonnes of sugar, 500 tonnes of ghee and oil were sold at the outlets. Responding to question about quality of items, he informed that the Utility Stores items were purchased directly from companies.

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